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Consultancy Companies
In the pursuit of fundamental knowledge about economic management, audit and management consultancy companies play a pivotal role in creating and then disseminating by putting into practice the latest and best research and findings.
Our research on Consultancy Companies
The Institute for Systemic Economic Engineering (ISEE) has conducted research projects to evaluate these companies as potential sources of insights, particularly in the context of their possession of or pursue of a Business Model Ontology to help them provide comprehensive and effective economic management services.
Over the years, ISEE has undertaken several research projects, with the most recent one occurring in spring 2012. These projects aim to appraise existing fundamental knowledge related to managing the economy within the framework of a comprehensive Business Model Ontology.
Implications
The lack of a comprehensive Business Model Ontology as a basis for consultancy services poses challenges for economic practice. This leads to each consultant company to choose one or another of the available managerial models and assemble a seemingly working solution. Moreover, the consultants reject each other’s managerial models.
In regard to the emergence of ungrounded terms and concepts, such as “best practices,” “competencies, ” etc., one of the participants explained:
“Where there is good practice, there is no knowledge. Such terms and concepts have so conquered the world that they have spread such metastases that there is no escape. On the other hand, ”good practices” is easy for people who don’t want to think.“
Furthermore, the term “good practice“, used by some, contradicted the hypothesis of others that “there is no one-size-fits-all model.”
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